News
Nigeria: Globacom Launches Nationwide Network Expansion to Elevate Service Quality
Telecommunications giant, Globacom, has embarked on an ambitious nationwide network expansion initiative, aligning with conditions set by the Nigerian Communications Commission (NCC) following ...
News
Nigeria: FirstBank Clinches Back-to-Back ‘Best Bank for ESG’ Honour at Euromoney Awards 2025
FirstBank of Nigeria has once again secured the prestigious title of Nigeria’s Best Bank for Environmental, Social, and Governance (ESG) at the 2025 ...
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Nigeria: Surge in E-Payment Value Hits ₦317.2 Trillion in Q1 2025, Signaling Shift from Cash Transactions
Nigeria’s digital payment landscape is witnessing a significant transformation, as recent data indicates a continued shift away from cash-based transactions. According to the ...
Nigeria
Nigeria: NIMC Warns Nigerians Against Selling NIN Data Amid Alarming Rise in Identity Misuse
The National Identity Management Commission (NIMC) has issued a stern warning to Nigerians, particularly young people, over the rising trend of individuals selling ...
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Nigeria: Active Bank Accounts in Nigeria Reach 320 Million – NIBSS
The Nigeria Inter-Bank Settlement System (NIBSS) has reported that the number of active bank accounts in the country rose to 320 million as ...
News
Nigeria: Finance Minister Edun Charges New NDIC Leadership with Strengthening Financial Stability Mandate
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has tasked the newly appointed leadership of the Nigeria Deposit ...
Nigeria
Nigeria: FIRS Mandates Real-Time Data Integration from Banks and Fintechs to Strengthen VAT Compliance
The Federal Inland Revenue Service (FIRS) has introduced a real-time monitoring platform aimed at improving the tracking of Value Added Tax (VAT)-eligible electronic ...
Nigeria
Nigeria: FRC, LCCI Forge Strategic Alliance to Strengthen MSME Governance
The Financial Reporting Council (FRC) of Nigeria has entered into a strategic partnership with the Lagos Chamber of Commerce and Industry (LCCI) and ...
Nigeria
Nigeria SEC Signals Green Light for Stablecoins Under Regulatory Oversight
Nigeria has declared its openness to stablecoin innovation, provided it aligns with established regulatory safeguards, according to the Securities and Exchange Commission (SEC). ...
Nigeria
Nigeria: SEC Affirms Regulatory Compliance in First Holdco’s N323bn Share Transaction
The Securities and Exchange Commission (SEC) has confirmed that the recent N323.33 billion share acquisition involving First Bank Holding Company (First Holdco), two ...